Archive for 2012

FMPA Weekly | Oct. 15, 2012 | Member Edition

FMPA Weekly A weekly e-newsletter for FMPA members   Oct. 15, 2012       LAST WEEK   Public Power Week FMPA and its members joined other public power utilities across the United States last week in celebrating Public Power Week. New Smya Beach Utilities Commission hosted an energy exposition in downtown New Smya Beach. […]

FMPA Weekly | Oct. 8, 2012 | Member Edition

  FMPA Weekly A weekly e-newsletter for FMPA members   Oct. 8, 2012       LAST WEEK   Energy Oxidation Catalyst Project FMPA issued a Request for Bids last Wednesday for the Oxidation Catalyst Project at the Stock Island Generating Facility in Key West. The project is required for environmental regulation and will include: […]

FMPA Weekly | Oct. 1, 2012 | Member Edition

FMPA Weekly A weekly e-newsletter for FMPA members   Oct. 1, 2012       LAST WEEK   AROC Meeting FMPA’s Audit and Risk Oversight Committee met last Thursday and approved statement of financial accounting standards #71 transactions. The Committee also recommended modifications to ISDA agreements and associated amendments and swap contracts to FMPA’s Board […]

FMPA Weekly | Sept. 24, 2012 | Member Edition

FMPA Weekly A weekly e-newsletter for FMPA members   Sept. 24, 2012       LAST WEEK   Finance Team FMPA’s Finance Team met last Monday via conference call with Nat Singer, FMPA’s swap advisor. Discussion topics included: 1) whether or not to proceed with public tender offers for St. Lucie and Stanton II project […]

FMPA Weekly | Sept. 17, 2012 | Member Edition

  FMPA Weekly A weekly e-newsletter for FMPA members   Sept. 17, 2012       LAST WEEK   Debt Restructuring FMPA closed last Wednesday on the sale of $136 million of St. Lucie and Stanton II bonds. FMPA’s Board of Directors approved the refinancing at its August meeting to secure an economical interest rate […]

FMPA Weekly | Sept. 10, 2012 | Member Edition

FMPA Weekly A weekly e-newsletter for FMPA members   Sept. 10, 2012       LAST WEEK   Maximo Workshop FMPA hosted a workshop last week to discuss Maximo, the enterprise asset management system used by its power plants. A representative from Maximo met with FMPA staff and plant personnel from Cane Island Power Park, […]

FMPA Weekly | Sept. 4, 2012 | Member Edition

FMPA Weekly   A weekly e-newsletter for FMPA members   Sept. 4, 2012     LAST WEEK   Audit and Risk Oversight Committee FMPA’s Audit and Risk Oversight Committee met last Thursday to discuss informational items including: 1) the status of the fiscal 2011 management letter comments, 2) the audit of fiscal 2010 and fiscal […]

FMPA Weekly | Aug. 27, 2012 | Member Edition

FMPA Weekly A weekly e-newsletter for FMPA members   Aug. 27, 2012       LAST WEEK   Storm Recovery Services Available The 2012 Atlantic hurricane season heated up last week with the threat from Tropical Storm Isaac. FMPA would like to remind members about two storm-related service contracts available through the Member Services Department. […]

FMPA Weekly | Aug. 20, 2012 | Member Edition

  FMPA Weekly   A weekly e-newsletter for FMPA members   Aug. 20, 2012       LAST WEEK   Winter Park Approves Interlocal Agreement Winter Park City Commissioners approved joining FMPA last Monday and authorized Mayor Kenneth Bradley to sign the Interlocal Agreement. Winter Park established its own municipal utility and began serving customers […]

FMPA Weekly | Aug. 13, 2012 | Member Edition

  FMPA Weekly   A weekly e-newsletter for FMPA members   Aug. 13, 2012       LAST WEEK   Distribution Reliability Measurement Program Newberry recently joined FMPA’s Distribution Reliability Measurement Program becoming the 24th participant. The program collects reliability data monthly from municipal utilities. Participating utilities submit data and receive a monthly report that […]